Posted on 07/17/2015 4:55:05 AM PDT by SeekAndFind
If only Wall Street bankers had listened to St. Hillary during the subprime mortgage frenzy. She now claims she warned about the risky loans. Yep, a Clinton actually went there. Her campaign may regret it.
While bashing Wall Street for risky acts and "criminal behavior," Clinton in her first economic stump speech portrayed herself as the voice of financial sanity in a casino of wild greed.
"As we all know, in the years before the crash, financial firms piled risk upon risk," she intoned, "and regulators in Washington either wouldn't or couldn't keep up.
"I was alarmed by this gathering storm and called for addressing the risks of derivatives, cracking down on subprime mortgages and improving financial oversight," she added.
This is revisionism at its most shameless.
For starters, Hillary never raised any subprime alarms until long after the high-risk loans began defaulting in droves, whereupon she called for loan modifications and borrower bailouts.
In December 2007, she demanded a 90-day moratorium on subprime foreclosures, a five-year freeze on adjustable mortgage rates and $5 billion in aid for busted subprime borrowers. In other words, she acted long after the "storm" had gathered; in fact, after the damage was done. And she never "cracked down" on subprime loans.
Truth is, Hillary was all for subprime loans before she was against them, just like her husband. Subprime lending fit into their leftist affordable housing scheme for boosting minority home ownership.
(Excerpt) Read more at news.investors.com ...
this is rich....pathological bitch
What a gal. When questioned about things she did she can't remember, but she remembers things she didn't do.
She was shot at in Bosnia too, dontcha know
Well, you can believe that as much as her better half stating “I did not have sexual relations with that woman”.
She’s mentally deficient in my opinion. Perhaps debilitated would be a more appropriate. She’s operating from a memory and comfort core that tells her any lie she tells will not be outed by the media.
For her, that core memory is still operative from those days in the 90s and aughts because media DID protect her and divert any lies by accusations, lies and ridicule of those calling her a liar.
That isn’t so today. Her erstwhile handlers and abettors aren’t so automatic - some are even helping to out her, and even her handlers are so afraid to put her in an uncontrollable situation they can’t script and choreograph.
She was giving this warning while she was dodging bullets in Bosnia.
I can think of one statement that could be uttered by either Slick or Hitlery and no sane person would ever question the veracity thereof. That statement is, “I married one hell of a liar.”
“She’s mentally deficient in my opinion. Perhaps debilitated would be a more appropriate.”
Ever known many long term alcoholics?
History is such a flexible thing when you are a leftards.
That’s probably a contributing factor for sure, but I think she’s had some kind of mild stroke, myself. Have you seen her walk?
Did she warn her husband who repealed the Glass-Steagall Act or for rewriting the Community Reinvestment Act, which put added pressure on banks to lend in low-income neighborhoods and ushered in the era of subprime loans
“What a gal. When questioned about things she did she can’t remember, but she remembers things she didn’t do.”
Potomac fever will do that do you.
Well at least its something different from the usual “who could have known?” line from the left ... when in fact there were many people who DID know what was coming and warned about it and were routinely mocked and ridiculed.
RE: She was shot at in Bosnia too, dontcha know
She was also named after Sir Edmund Hillary before he actually climbed Mount Everest.
“Have you seen her walk?”
I try to avoid such sights if possible so I confess that I don’t really know what you are referring to. Could you elaborate or point to a video? I might be able to watch five to ten seconds of her for instructional purposes only.
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